SVG 0.00% 2.2¢ savannah goldfields limited

Ann: Notice of Annual General Meeting/Proxy Form, page-6

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  1. 16,935 Posts.
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    “Stephen Bizzell is engaged as Executive Chairman. His agreement is a consultancy style agreement for the provision of services. Services are currently invoiced at a weekly rate of $3,000.”

    Financial report states Stephen Bizzell‘s FY19 Salary = $123,360.

    $123,360 @ $3,000/week = 41week 1day

    There are 13days of public holidays per year, and the wet season accounts for 13weeks/yr. Are we also paying for their weekends as a consultant.

    I call BS that our Executive Chairman was on the LNY job for most of the year!

    ”Paul Marshall is engaged as Company Secretary and CFO. His agreement is a consultancy style agreement for the provision of services. Services are currently invoiced at a weekly rate of $3,000.”

    Financial report states Paul Marshall’s FY19 Salary = $132,000.

    $132,000 @ $3,000/week = 44 weeks

    There are 13days of public holidays per year, and the wet season accounts for 13weeks/year. Are we paying for their weekends as a consultant.

    I call BS that our Secretary/CFO was on the LNY job for most of the year...to cut & paste a few confusing reports.

    This has been going on for years.

    What a load of BS...who’s auditing this $hit...their fellow board member. There guys have multiple small cap gigs.

    ....and where’s the QRTLY

    Simply remarkable!
 
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